Tax & Regulation
North America | 13 Feb 14
record number of yanks said im out
More than three times as many Americans gave up their US citizenship last year as in 2012, the latest US Treasury Department data shows, setting a new record, and prompting questions about what is driving the trend.
Tax & Regulation | 13 Feb 14
oecd unveils auto exchange of info
The Organisation for Economic Cooperation and Development today published a document setting out its current Standard for Automatic Exchange of Financial Account Information, ahead of a meeting of G20 finance ministers in Sydney next week.
Tax & Regulation | 9 Feb 14
australia govt to seek to water down
Financial planners in Australia will “once again be able to earn commissions for selling a wide range of investment products” if a government plan to “water down investor protection laws” goes through, one of the country’s leading financial publications reported over the weekend.
North America | 6 Feb 14
wary canada signs fatca agreement
Canada has become the latest country to agree to implement the US Foreign Account Tax Compliance Act‚ in spite of what some of its politicians have said has been its southern neighbour’s occasionally heavy-handed efforts in recent years to extract unpaid taxes and penalties from Canadians.
Tax & Regulation | 5 Feb 14
fsa targets death bonds
The FSA has set its sights on banning the sale of traded life policy investments (TLPIs) to UK retail investors‚ calling them 'high risk and toxic' products.